A single product is sold for $15 per unit. Last year, the company's sales revenue was $225,000 and its net income was $18,000 . If fixed costs totaled $72,000 for the year, the break-even point is 12,000 units
Indicate whether the statement is true or false
true
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Indonesia is the second "I" in the BRIC-IT group of emerging markets
Indicate whether the statement is true or false
If controls are effective, there is a higher likelihood that the financial statements are free of material misstatement
a. True b. False Indicate whether the statement is true or false
Why are direct channels of distribution common in business-to-business markets dealing with high-dollar, high-profit items?
What will be an ideal response?
When constructing an organizational structure, managers need to consider ____ positions, which are directly involved in operational activities, and ____ positions, which are advisory and facilitative
a. Line, Staff b. Staff, Line c. Formal, Informal d. Informal, Formal